Johnson said: “This regeneration will create much needed jobs and homes to drive growth in a vital area of north London, as well as bringing schools and parks to a thriving new neighbourhood.”

Jane Bond, director of property services for the Met Police, said: “We are undertaking the most significant transformation of the police estate in order to reduce running costs whilst investing in modern facilities that are fit for our officers, staff and the public.

"The London Borough of Barnet has identified the Peel Centre site as one of the essential sites for the regeneration of Colindale in its action plan for the area, driving jobs and growth in the borough.”

The scheme is part of a wider disposal strategy by MOPAC to generate £87.9 million and save annual costs up to £9.8 million.